By N. Aslanbeigui, Young Back Choi
Lately there was expanding discontent with the summary nature of mainstream economics. not just does this make the topic much less correct to genuine concerns, it drives a wedge among economics and different disciplines ostensibly addressing an identical concerns. Borderlands of Economics explores the ways that economics could be reconnected, either with the true global and with different disciplines.
Read Online or Download Borderlands of Economics: Essays in Honour of Daniel R.Fusfeld (Routledge Frontiers of Political Economy, 11) PDF
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Extra resources for Borderlands of Economics: Essays in Honour of Daniel R.Fusfeld (Routledge Frontiers of Political Economy, 11)
Now I’m working on a paper inquiring into the relationship between the Cold War ideology and high theory in economics after World War II. I also helped organize the International Network for Economic Method (INEM) and served as its director for some five years. It is now a thriving organization with over 300 members worldwide and sponsor of a scholarly journal. INEM was chiefly the idea of Henry Wu, a successful Hong Kong entrepreneur, who had a strong interest in economic theory. He felt that the current infatuation with mathematical models was the wrong way to go and had written a treatise on economic theory and its methodological foundations which he distributed to members of the profession.
My own studies of history and AN INTELLECTUAL JOURNEY 17 economic change accepted his capitalist dynamic, but with a qualification: each new era of capitalist regeneration followed the same pattern as Marx’s analysis of growing concentration of ownership and wealth, isolation of workers from increased benefits, slowdown of growth, and growing indications of stagnation. Schumpeter was right, but so was Marx. This interpretation fitted neatly with the paradigm of conflict and continuity that emerged from my course in medieval economic history at Wisconsin.
Perhaps that was one reason why I was drawn to Abram Bergson’s class on the Soviet economy and its analysis of the economics of planning. It was an alternative to be explored, particularly in view of the importance of the Soviet Union in the post-war world. And, as Bergson said, we study the Soviet economy to understand our own. I was later to explore worker-managed enterprise in Yugoslavia, the Israeli kibbutz, the Mondragon enterprises in Spain, and related movements in the United States, as another alternative.
Borderlands of Economics: Essays in Honour of Daniel R.Fusfeld (Routledge Frontiers of Political Economy, 11) by N. Aslanbeigui, Young Back Choi